THE Philippine Manufacturing Purchasing Managers’ Index (PMI) slipped from January’s seven-month high of 53.5 to 52.7 in February, with port congestion, among others, weighing on vendor performance which is resulting in further deterioration, according to Standard & Poors (S&P) Global Market Intelligence.
Source: https://businessmirror.com.ph/2023/03/02/phl-manufacturing-pmi-slips-to-52-7-in-february/